Rashtra Niti is above Raj Niti: PM Modi thanks all parties for their support to GST

Rashtra Niti is above Raj Niti: PM Modi thanks all parties for their support to GST

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Rashtra Niti is above Raj Niti: PM Modi thanks all parties for their support to GST

Prime MinisterNarendra Modion Monday said that ‘rashtraniti’ (national policy) is above rajniti (politics) while expressing gratitude to all parties for support on GST.

‘GST, A NEW MOTI IN ONE-INDIA MAALA’

Underlining that the development marks the recognition of ‘One India’ and strengthens this concept, he said, “We are aligning ourselves with new taxation regime. GST is a new ‘moti’ (bead) in this ‘maala’ (necklace).”

In this context, he quipped, “janam koi de, lalan palan koi kare. Krishna ko janam kisne diya, bada kisne kiya? (Someone may give birth, but someone else may nurture. Who gave birth to Lord Krishna and who brought him up?)”.

Narendra Modi expressed gratitude to all parties for their support for GST Bill and said that the bill was a crucial step towards ending tax terrorism.

Modi described GST as a crucial step towards ending tax terrorism besides reducing corruption and black money and said the new regime of indirect taxation will make consumer the king.

The Lok Sabha unanimously passed a constitution amendment bill that enables mega reform Goods and Services Tax bill (GST). The bill will now be sent to state assemblies for approval after the President approves it.

“‘Rashtra Niti’ (national policy) is above ‘Raj Niti’ (politics). I thank all political parties, as well as state governments run by different parties. We have reached here after churning in Lok Sabha, Rajya Sabha, 29 states, their representatives and 90 parties. We are putting a stamp on the final decision,” Modi said.

EVERYBODY’S VICTORY

Modi emphasised in Lok Sabha that the passage of the GST Constitution Amendment Bill by Parliament was not a victory of any party or government but was everybody’s victory as it highlighted the success of the democratic ethos of the country. Intervening in a debate on Constitution (122nd Amendment) Bill, he asserted that the GST will benefit mainly those states which are considered backward and address the problem of imbalanced development.

Union Finance MinisterArun Jaitleymade a strong pitch for ‘one nation one tax,’ stating that India’s biggest tax reform will see the centre and states ‘pooling their sovereignty to reap the many benefits that will ultimately lead to India’s progress’.

“Tax evasion will lessen, there will be no tax on tax or a cascade of taxes and ease of doing business will improve,” said Jaitley.

Modi acknowledged that manufacturing states will suffer losses but they will be compensated. August 8 marks a crucial step towards freedom from tax terrorism, Modi said, while recalling that this was the day in 1942 when Mahatma Gandhi had sounded the bugle of ‘Quit India’ which marked a major step towards the country’s Independence.

“It will also help reduce the problem of black money and lead to generation of jobs by benefitting the small traders and entrepreneurs,” he added.

Title: Rashtra Niti is above Raj Niti: PM Modi thanks all parties for their support to GST

Description: Prime Minister Narendra Modi on Monday said that rashtraniti (national policy) is above rajniti (politics) while expressing gratitude to all parties for support on GST.